News Briefs

Aug 12, 2019

✦ The Louisiana Dept. of Health unveiled the winners of its managed Medicaid contract awards on Aug. 5, selecting AmeriHealth Caritas Louisiana, Community Care Health Plan of Louisiana (Healthy Blue), Humana Health Benefit Plan of Louisiana and United Healthcare Community Plan. Incumbents Centene Corp. and CVS Health Corp./Aetna were not awarded contracts — a “surprising loss” for Centene — while the addition of Humana was a “nice win” for the firm, Citi analyst Ralph Giacobbe advised investors. For Humana, “the win is incremental to earnings (1-2%) but more importantly speaks to its ability to win organically, perhaps without the need for acquisition in the Medicaid space,” he wrote. The new contracts are effective January 2020.

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